Diageo, the world's No. 1 spirits, will acquire group of Turkish Mey Içki for 1.3 billion pounds sterling (about 1.54 billion of euros) from the investment fund TPG Capital and Actera. This transaction should be finalized in the second half of 2011 (after approval of competent authorities). According to Diageo, the transaction should be accretive by approximately 1% (see earnings per share) from the very first full year after acquisition.
In 2010, the group Mey Içki achieved a turnover of 300 million pounds (355.6 million euros) in earnings before interest and taxes (EBIT) of 120 million pounds (142.2 million). Mey Içki is No. 1 spirits in Turkey thanks to its leading position on alcohol consumed locally more: vodka and raki.
In group Diageo, has achieved a turnover of 2010/09 from 9.8 billion pounds and has the most brands sold worldwide including beer Guinness, Gordon's gin and Tanqueray, Johnnie Walker whiskey, JB, Bells, Oban ... Smirnoff vodka, Jose Cuervo Tequila, Baileys liqueur, Captain Morgan rum, etc. ...
the Press of Adafec ( http://adafec.blogspot.com )
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